VP (LON:VP) Shares Cross Below 200-Day Moving Average of $900.82

Vp plc (LON:VPGet Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 900.82 ($11.04) and traded as low as GBX 860 ($10.54). VP shares last traded at GBX 861 ($10.55), with a volume of 5 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,310 ($16.05) price objective on shares of VP in a research report on Friday, April 8th.

VP Trading Down 0.1 %

The firm has a market cap of £345.33 million and a price-to-earnings ratio of 1,345.31. The company has a quick ratio of 0.88, a current ratio of 1.03 and a debt-to-equity ratio of 121.18. The business has a 50 day moving average price of GBX 880.82 and a 200-day moving average price of GBX 900.82.

VP Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 5th. Stockholders of record on Thursday, June 23rd will be paid a GBX 25.50 ($0.31) dividend. The ex-dividend date is Thursday, June 23rd. This is an increase from VP’s previous dividend of $10.50. This represents a dividend yield of 2.71%. VP’s dividend payout ratio is 5,625.00%.

About VP

(Get Rating)

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through UK Forks, Brandon Hire Station, ESS, Groundforce, TPA, MEP Hire, Torrent Trackside, Airpac Rentals, and TR Group businesses. The UK Forks business engages in the rental of telescopic handlers and tracked access platforms use for construction and housebuilding sites.

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